Price for Rosin; Salts of Rosin or of Resin Acids in Morocco - 2022

Contents:

  1. Price for Rosin; Salts of Rosin or of Resin Acids in Morocco (CIF) - 2022
  2. Imports of Rosin; Salts of Rosin or of Resin Acids in Morocco

Price for Rosin; Salts of Rosin or of Resin Acids in Morocco (CIF) - 2022

The average import price for rosin; salts of rosin or of resin acidses stood at $3,212 per ton in 2022, with a decrease of -72.6% against the previous year. In general, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 23%. Over the period under review, average import prices attained the peak figure at $11,727 per ton in 2021, and then reduced markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Portugal.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +17.3% per year.

Imports of Rosin; Salts of Rosin or of Resin Acids in Morocco

For the third consecutive year, Morocco recorded decline in supplies from abroad of rosin; salts of rosin or of resin acidses, which decreased by -72.1% to 2 tons in 2022. Over the period under review, imports faced a dramatic slump. The smallest decline of -14.5% was in 2020.

In value terms, imports of rosin; salts of rosin or of resin acidses fell remarkably to $6.6K in 2022. Overall, imports showed a precipitous setback. The smallest decline of -6.8% was in 2020.

Import of Rosin; Salts of Rosin or of Resin Acids in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal5.45.24.86.66.9%
Spain14.012.711.0N/A-11.4%
ChinaN/AN/A3.3N/A0%
United States80.074.866.9N/A-8.6%
Others0.30.30.2N/A-18.4%
Total99.792.986.26.6-59.5%

Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Morocco in 2022:

  1. Portugal (2.0 tons)

Source: IndexBox Market Intelligence Platform

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